More on its turnaround
Coram Appoints New President, Amaral Remains Chairman and CEO
DENVER, Dec. 22 /PRNewswire/ -- Coram Healthcare (NYSE: CRH) announced today that Richard M. Smith, Chief Financial Officer for Coram Healthcare, has been appointed President, Coram Healthcare. Mr. Smith, 38, joined Coram as Vice President, Tax and Treasury in November, 1994. He assumed the role of Chief Financial Officer in August, 1995, a position he will continue to hold until the Company finds a qualified successor. Mr. Smith holds a Bachelors degree in Accounting and a Masters Degree in Taxation from DePaul University in Chicago.
"Rick has done an outstanding job as Chief Financial Officer and has been a key force in several of Coram's turnaround objectives," stated Mr. Amaral, Coram's Chairman of the Board and Chief Executive Officer. "I have every confidence that Rick will lead the day-to-day operations of Coram effectively -- continuing on the course previously set for Coram's continued growth," concluded Mr. Amaral.
Mr. Amaral will continue as Coram's Chairman of the Board and Chief Executive Officer. With Mr. Smith as President, Mr. Amaral will be allowed more time to concentrate on strategic issues and business alliances for Coram. A national search for a chief financial officer has been launched. |
